In Pakistan, Hyundai Nishat Motors is the first one to feel the heat of the chip shortage. However, last month, even Hyundai announced suspending production at its plant in Ulsan, South Korea, because of shortage of semiconductor chips. “There is essentially a shortage of semiconductor material that is creating a shortage on the chip side all over the world,” says Norez. There are only a handful of semiconductor chip manufacturing companies, called foundries, globally. And now because there is a chip shortage, these kits are not coming anymore and hence the halting of deliveries.

Source: Pakistan Today April 12, 2021 06:22 UTC